VOL. XLV

No 39

30-September-2002

KUWAIT

NBK Gets Approval ToOpen Branch In Saudi Arabia

National Bank of Kuwait, the country痴 largestbank, said on 24 September that it has been given approval to open a branch in Saudi Arabia. NBK Chairman, Muhammad'Abd al-Rahman al-Bahr,said the approval reflected the strong and historical connections between Kuwait and Saudi Arabia and conforms with NBK痴 regional expansionstrategy. Mr Bahr affirmed the position of theKingdom as one of the most important...